See Home Value
$364,000 - $444,000
House - Off Market

2391 SOMERSET DRIVE

Fairbanks, AK 99709
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1806 Sqft
Sold Nov 04, 2020
Transfer
Sold Nov 04, 2020
Transfer

About This Property

Location is everything! Rarely available 4 bedroom 3 bath home in the hills on city utilities in West Fairbanks.  This well-maintained home has seen many updates including new Buderus boiler with Reillo burner, new 50 gallon electric hot water heater, new washer/dryer, all new faucets and shower valves and a 4th bed/bath addition.  The spacious kitchen is complete with solid surface countertops, stainless steel appliances, brand new microwave and an island. The open layout is perfect for entertaining.  The Blaze King woodstove is great for keeping fuel costs down and creating a cozy ambiance on cold winter days. Large windows allow for tons of natural light and open to beautiful territorial views. The upstairs bathroom boasts a solid surface double vanity and beautiful tile work. The added extra 4th bedroom can also be used as guest suite, office, workout room, etc. An oversized 2 car garage provides plenty of additional storage space and floor has been recently painted.  Spacious entry for all your coats and footwear.  Outside you'll enjoy ample parking, a shed for extra storage, and wood shed.  Close to UAF, town and school districts U-Park, Randy Smith & West Valley.  Don't miss out! - Possible early occupy.

The manager has listed the unit size as 1806 square feet.
Unit Size
1,806Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$224
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1992

Price History

Date / Event Date Event Price
Apr 11, 2024 No longer available -
No longer available
Mar 31, 2024 In contract -
In contract
Feb 21, 2024 Price Decreased $404,900
↓ $10K (2.4%)
Price Decreased
Jan 6, 2024 Price Decreased $414,900
↓ $10K (2.4%)
Price Decreased
Nov 16, 2023 Listed $424,900
Listed
Location is everything! Rarely available 4 bedroom 3 bath home in the hills on city utilities in West Fairbanks. This well-maintained home has seen many updates including new Buderus boiler with Reillo burner, new 50 gallon electric hot water heater, new washer/dryer, all new faucets and shower valves and a 4th bed/bath addition. The spacious kitchen is complete with granite countertops, stainless steel appliances, brand new microwave and an island. The open layout is perfect for…
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Property Highlights

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 280
  • Garage Type: Attached
  • Garage Square Area: 784
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 30,082
  • Total Building Area: 2,204
  • Gross Building Area: 2,364
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Wood burning
  • Heated Square Feet: 1,420
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTCLAIR 1ST
  • Land Acres: 0.691
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 1 MONTCLAIR 1ST ADDN OUT OF TL-227 SEC 2 T1S-R2W

Ownership

  • Current Owner : SECRETARY OF VETERANS AFAIRS
  • Previous Owner : WELLS FARGO BANK NA
  • Owner Before Previous Owner: WOLFF TIMOTHY J

Neighborhood

  • School District Name: Fairbanks North Star Borough School District
  • School Tax School District: UNIVERSITY
  • Census Tract: 000900

Geography

  • Parcel: 445061
  • Block: 1
  • Lot: 7
  • Meridian: SEC 02 TWN 1S RNG 02W
  • Latitude: 64.8511
  • Longitude: -147.883

    Address

  • Full Address: 2391 Somerset Dr
  • Address - House Number: 2391
  • Address - Street Name: Somerset
  • Address - Suffix Type: Dr
  • State: AK
  • City Name: Fairbanks
  • Carrier Code: H025
  • 4-Digit Zip Code: 2447
  • Zip Code: 99709

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,204

    Appraisal Valuation

  • Standard Deviation: 0.1398
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 408,445
  • High Value: 465,550
  • Low Value: 351,340

    Market Valuation

  • Market Total Value: $312,350
  • Market Land Value: $56,458
  • Market Improvement Value: $255,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,350
  • Assessed Land Value: $56,458
  • Assessed Improvements Value: $255,892

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Transaction ID: 11801906698
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020-020485-0
  • Previous Sale Recording Date: Nov 04, 2020
  • Previous Sale Contract Date: Aug 28, 2020
  • Previous Sale Document Type: Deed in Lieu of Foreclosure



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chena Ridge


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4965 Palo Verde Avenue, Fairbanks, AK, 99709

$2,700 /mo

  • 4 Beds
  • 2.5 Baths
4965 Palo Verde Avenue, Fairbanks, AK, 99709 Listing by Larry Terch


Frequently Asked Questions

When was property at 2391 Somerset Drive built and last sold?
The property at 2391 Somerset Drive was built in 1992 and last sold on Sep 16, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 2391 Somerset Drive is $428,788.
What are some comparable homes to 2391 Somerset Drive?
There are currently no comparable homes to 2391 Somerset Drive.

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